Bitcoin is between 94 and 114 thousand in the zone – does it find out below or up?
- The next direction of the BTC course is uncertain. Fall below 94,000 or jump over $ 114,000?.
- Sales decreases while the analysts are disagree, whether Bitcoin is over $ 130,000 in front of a bear market or an ATH.
Bitcoin remains trapped in a narrow trading range, the opinions about the next larger price movement are shared. A recent X survey showed that almost the same number of participants predict a decline to $ 94,000 and an increase to $ 114,000. This division of two signals uncertainty in the middle of a continued sideways movement, geopolitical risks and fluctuating market volumes.
What comes next for #BTC ? (Currently $104k)
— Matthew Hyland (@MatthewHyland_) June 18, 2025
Bitcoin has increased by 1 % in the last 24 hours and reached around $ 106,000. This increase is followed by a phase of downward and sideways movement, which indicates another interest in purchase. However, the trading volume decreased by almost 17 % in the same period and was around $ 39.2 billion.
In addition, the market capitalization of Bitcoin is still $ 2.1 trillion, which confirms its dominant position on the cryptom market. The fully watered assessment, which takes into account the maximum offer of 21 million bitcoins, is around $ 2.22 trillion. Around 19.88 million bitcoins are currently in circulation, which leaves little space for new offers that could immediately influence the market.
The price diagram shows a volatile pattern with burglaries and relaxation within a day. In particular, Bitcoin drove a price increase over the $ 105,900 mark at noon, which indicates a strong purchase pressure. Nevertheless, the overall movement remains within a range and shows the lack of clear directional dynamics.
External factors put a strain on the mood
Bitcoin has not reached the $ 94,000 mark since the beginning of May before it recaptured the $ 100,000 mark in the same month. In mid-June, the asset of the $ 110,000 mark approached and thus raised hopes for further price gains. However, the escalating geopolitical tensions have clouded the market prospects. The youngest Attack Israel on Iran and the political escalation, including the statements of the US leadership, have led to new uncertainties and let the Bitcoin course go back to around $ 103,000.
The Crypto Fear & Greed Index reflects these conditions and is back on “neutral” from “Greed” sunken And is currently 54 out of 100 points. The financial markets in the broader sense reflect this careful tone. The S&P 500 became almost unchanged traded And gave up 0.48 % in the five trading days until June 18.
In addition, the shares of Microstrategy (MSTR), a company that is known for its large Bitcoin stocks, fell by over 10 % last month, which indicates a possible risk-free institutional investor.
Contradictory forecasts of the experts
The market opinions on the development of Bitcoin are still shared. The CEO of Microstrategy, Michael Saylor, has confidently commented on that a Bitcoin bear will not return, which indicates a continued upward movement. In contrast, retailers like REKT Capital warn that a bear market phase is likely before this bull cycle comes to an end.
The price targets of the analysts are very different. Some assume that Bitcoin will reach between $ 130,000 and $ 135,000 in the third quarter. Bitmex founder Arthur Hayes, on the other hand, predicts an aggressive price target of $ 250,000 until the end of the year. This range of predictions reflects different interpretations of on-chain data, macroeconomic factors and investor behavior and heats up the debate about Bitcoin’s next big step.
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